The Hanko System

The Hanko system illustrates a unique approach to decision-making in Japanese companies, emphasizing consensus and collaboration. Each stamp on a document not only signifies approval but also reveals the hierarchy within the organization, with the size and angle of the seals conveying subtle power dynamics. This method fostered a culture of shared risks and rewards, contributing to Japan's economic success until shifts in the 1990s began to challenge its long-standing practices.